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Bitcoin Leads $1.2 Billion Crypto Fund Outflows Amid Fed Rate Pessimism

Bitcoin Leads $1.2 Billion Crypto Fund Outflows Amid Fed Rate Pessimism


CoinOtag
2024-06-24 12:35:48

Crypto investment funds experience a turbulent period, marked by consecutive weeks of substantial capital outflows. Last week’s net withdrawals from digital asset funds amounted to $584 million, contributing to a two-week total of $1.2 billion. The root cause of this notable shift in investor sentiment appears to be doubts regarding impending interest rate cuts by


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